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Worcester
32 Madigan Ln
$545,000
● House - Off Market

32 Madigan Ln

Harvard, MA 01451
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,640 Ft²
$834,575
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Highly desirable Madigan Lane contemporary home on level lot with private pond.  Updates include:  a new Buderus oil boiler and water heater, photo-voltaic electric roof panels, updated appliances and brand new wall to wall carpet in the bedroom areas.   This light filled home takes advantage of a full southern exposure for solar gain.  Mature landscaping and private pond with a reading cabin round out the outside.  New septic system installed in 2016.  Home is being sold as-is.
Unit Size
2,640 Ft²
Days on Market
-
Land Size
3.46 acres
Price per sqft
$208
Property Type
House
Property Taxes
$892
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72400494)

Price History

Date / Event Date Event Price
Nov 26, 2018 Sold
Premium
Sold
Sep 25, 2018 Listed by Harvard Realty $549,900
Listed by Harvard Realty
Aug 23, 1995 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 150,718
  • Total Building Area: 2,256
  • Gross Building Area: 5,010
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Harvard School District
  • School Tax School District: HARVARD SD
  • Census Tract: 761401

Geography

  • Account Number: 1250160000800000
  • District: 125
  • Parcel: HARV M:16 B:8
  • Block: 8
  • Municipality: HARVARD
  • Latitude: 42.5014
  • Longitude: -71.6074

    Address

  • Full Address: 32 Madigan Ln
  • Address - House Number: 32
  • Address - Street Name: Madigan
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Harvard
  • Carrier Code: R003
  • 4-Digit Zip Code: 1305
  • Zip Code: 01451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,183,800

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 862,998
  • High Value: 997,740
  • Low Value: 728,256

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $794,500
  • Assessed Land Value: $338,800
  • Assessed Improvements Value: $455,700

    Sales

  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124876
  • Previous Sale Recording Date: Aug 23, 1995
  • Previous Sale Amount: $328,500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2428 ft²

Average Home Age

62.4 years

Currently For Sale

1949 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72400494

Frequently Asked Questions

When was property at 32 Madigan Lane built and last sold?
The property at 32 Madigan Lane was built in 1978 and last sold on Jan 1, 1970 for $545,000.
How much is this home worth?
The estimated value of the home located at 32 Madigan Lane is $563,617.
What are some comparable homes to 32 Madigan Lane?
There are currently no comparable homes to 32 Madigan Lane.
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